The best online Debate website - DebateIsland.com! The only Online Debate Website with Casual, Persuade Me, Formalish, and Formal Online Debate formats. We’re the Leading Online Debate website. Debate popular topics, Debate news, or Debate anything! Debate online for free!
Buying bitcoin is now easy, but is that a smart investment?
in Investments
Debra AI Prediction
Arguments
  Considerate: 90%  
  Substantial: 68%  
  Spelling & Grammar: 91%  
  Sentiment: Negative  
  Avg. Grade Level: 5.92  
  Sources: 0  
  Relevant (Beta): 46%  
  Learn More About Debra
  Considerate: 94%  
  Substantial: 90%  
  Spelling & Grammar: 93%  
  Sentiment: Neutral  
  Avg. Grade Level: 8.66  
  Sources: 0  
  Relevant (Beta): 57%  
  Learn More About Debra
  Considerate: 89%  
  Substantial: 94%  
  Spelling & Grammar: 92%  
  Sentiment: Neutral  
  Avg. Grade Level: 7.28  
  Sources: 0  
  Relevant (Beta): 95%  
  Learn More About Debra
  Considerate: 94%  
  Substantial: 22%  
  Spelling & Grammar: 100%  
  Sentiment: Neutral  
  Avg. Grade Level: 8.9  
  Sources: 0  
  Relevant (Beta): 95%  
  Learn More About Debra
That's kind of the point someone on the other side of it would make.
It was $1500 and is now $2700 - so if you bought bitcoins when they were $1500 you could now turn them around for an 80% profit by selling at $2700. Something that's volatile, even something that is part of an overpriced bubble that will pop, can be a good investment (for you personally, not necessarily the economy as a whole) if you put your money in and withdraw it at the right times.
The question is what bitcoin will do in the future. If it will continue to rise and might be $4000 in a few years, making some medium-term investments now would be a smart move. Of course the currency could collapse the day after your invest and you could lose everything. That's what's up for debate.
  Considerate: 90%  
  Substantial: 100%  
  Spelling & Grammar: 100%  
  Sentiment: Neutral  
  Avg. Grade Level: 9.62  
  Sources: 0  
  Relevant (Beta): 99%  
  Learn More About Debra